The Babe's Trades

[riverbabe]

River,
Kevin O'Leary, University of Waterloo?

-----------billy

Absolutely true. He's now floating the idea of running for Prime Minister against Justin Trudeau.

http://globalnews.ca/news/3188706/ke...prime-minister (shades of Billy W.! LOL)

[billyjoe]

River,
O'Leary can be caustic at times but he explains himself very well. As a sidenote, I always think of Justin Trudeau as Canada's Jerry Brown.


----------------billy

[riverbabe]

River,
O'Leary can be caustic at times but he explains himself very well. As a sidenote, I always think of Justin Trudeau as Canada's Jerry Brown.


----------------billy

But sweet Justin is so much CUTER! I still giggle remembering his mother's (Margaret's) affair with Mick Jagger.

[billyjoe]

But sweet Justin is so much CUTER! I still giggle remembering his mother's (Margaret's) affair with Mick Jagger.

.............and Ted Kennedy, but Jerry Brown had Linda Ronstadt.

---------------billy

[riverbabe]

This bodes well for the Monsanto/Bayer merger! PM Ask on Monsanto is 113.90. Buyout priced at 128. Holding patiently!

Dow Chemical (DOW) and DuPont (DD) have received European Commission approval for their planned merger, with some divestment conditions. The deal still needs U.S. approval, but many analysts have considered Europe's approval the most difficult hurdle. (CNBC, 3/27/17)

[Louetta]

My all time favorite women's clothing store, J. Jill (JILL) is IPOing tomorrow. Everything in those stores and online fits me to a "tee." I always find exactly what I want. Priced $14-$16. Will this be another SNAP? Going to watch this one closely but not jumping in with both feet here. Too hard to judge the market's mood right now.

Thinking about buying here. At the low end of this quarter's guidance, $.08, annualized, if you pay in the low 5s for the stock you're still looking at a PE of only 16 or so. Plus everyone I know who shops there thinks their stuff is great.

[riverbabe]

This bodes well for the Monsanto/Bayer merger! PM Ask on Monsanto is 113.90. Buyout priced at 128. Holding patiently!

Dow Chemical (DOW) and DuPont (DD) have received European Commission approval for their planned merger, with some divestment conditions. The deal still needs U.S. approval, but many analysts have considered Europe's approval the most difficult hurdle. (CNBC, 3/27/17)

Bayer has agreed to sell significant parts of its crop science business to rival BASF (OTCQX:BASFY) for €5.9 billion ($6.98 billion), which it says will partially finance its planned acquisition of Monsanto (NYSE:MON). Bayer (OTCPK:BAYRY) says the assets to be sold include its global glufosinate-ammonium business and related LibertyLink technology for herbicide tolerance, nearly all its field-crop seeds businesses, as well as respective R&D capabilities. The businesses included in the agreement generated about €1.3 billion in net sales in 2016. The deal is contingent upon the completion of Bayer's acquisition of Monsanto, but the takeover still faces scrutiny from European regulators.

MON hanging around 120 for quite a while now. Deal expected to close in early 2018. It had better work. I'm counting on a significant profit here!

[riverbabe]

Thinking about buying here. At the low end of this quarter's guidance, $.08, annualized, if you pay in the low 5s for the stock you're still looking at a PE of only 16 or so. Plus everyone I know who shops there thinks their stuff is great.

That report yesterday was a shocker, but this stock will still be a winner. I'm also thinking of buying in here. Going to watch the one-minute chart closely today for the lowest price I can get.

https://www.zacks.com/stock/news/278627/j-jill-stock-plunges-50-on-slashed-q3-guidance

[billyjoe]

Louetta, I thought the P/E was closer to 6 with an industry average near 19. I'll bet it will come back to a more realistic price after the downgrade mania settles.

---------------billy

[Louetta]

Louetta, I thought the P/E was closer to 6 with an industry average near 19. I'll bet it will come back to a more realistic price after the downgrade mania settles.

---------------billy

I paid $4.94 a minute ago. Hard to pin down the PE with earnings kind of in flux. Company's low end GAAP guidance for this quarter is .07. Still looks like a good buy given all I hear about a loyal customer base and a sales presence outside the mall (catalog and net).

[riverbabe]

The 30th anniversary of the 1987 stock market crash, which saw the Dow lose 22.6% in one day, comes amid investor concerns of steep valuations and correction fears as U.S. stocks continue to score record highs. A repeat of "Black Monday" is unlikely to happen today due to modern trading technology, implementation of circuit breakers and the way investor funds are managed, yet cautious traders refuse to rule it out.

When I voiced concern, my husband said, "Don't worry, it'll come back."

[billyjoe]

Another Rocky River star! http://www.wkyc.com/article/sports/o...d/95-517247835

----------------billy

[riverbabe]

Another Rocky River star! http://www.wkyc.com/article/sports/o...d/95-517247835

----------------billy

I KNOW!!! I KNOW!!! I watched him! Crazy red-headed 17 year old! He's still in the teenage "Don't worry, I'm immortal" phase. Kind of reminds me of your son, tilting at windmills LOL.

[riverbabe]

This is not about a stock trade. I have a confession to make. With all the talk of black face in Virginia I am reminded of my upbringing. I am horrified that when I was a 2-3 year old child in Canada in the very early 1940s I was taught a rhyme by my parents You know it. Eeny meeny minee mo. Catch a tiger by the toe. If he hollers let him go. Eeny meeny minee mo. Only it wasn’t a “tiger “. It was the “N” word. I was very very young. It was just a rhyme. Right now I’m horrified this is still happening!!! Believe me my children now in their late 50s were taught “tiger “ from the very beginning. I am sick to my stomach right now.

[BlueWolf]

Everybody is guilty of doing or saying something ignorant at some point in their lives. Nobody, and I mean nobody, is exempt. The important thing is to learn and grow from our mistakes. That’s the way the real change comes about. You can’t shout it out of people, and you can’t beat it out of people. It has to come because you want it to come. So it all starts with good people wanting to change for the better. That may be a slower method than some people would like, but change from within is the only good and lasting change.